10 Most Expensive Cities to Live in Canada

5. Vancouver

Household expenditure: 76,870; Rank: 9

House price: 909,293; Rank: 1

Average rank: 5

Vancouver, the city which can be proud of its ethnic and cultural diversity, is ranked fifth on our list 10 most expensive cities to live in Canada. If you want to become a proud owner of the house in the city, you need to be ready to spend almost a million. Moreover, Moneysense estimates that residents wait on average 11.4 years before they are able to afford their place, which is the longest time among listed cities. In January, this year unemployment rate was 5.7 percent while median household income was $58,076.

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